USDJPY paused its latest decline near November’s low of 137.66 before climbing back into the 138.00 territory on Monday. The RSI and the stochastics on the four-hour chart are flagging oversold conditions, justifying the latest bullish correction in the price. However, the way higher could be rocky, as several obstacles remain intact. The 20-period simple moving average […]
The post USDJPY Oversold Near November’s Lows; Risks Remain appeared first on Action Forex.
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